Picture of the author

Mastering Crypto

07/20 13:21

Market Watch Today

Bitcoin has managed to reclaim the $30K, while XLM soared by over 20%.

The market is mostly painted in green throughout the past 24 hours as the majority of cryptocurrencies are trading well in the positive. This includes both Bitcoin and altcoins.

The best performer is undoubtedly Stellar’s XLM, which surprised with a 23% explosion, so let’s dive in.

Bitcoin Tops $30K, but for How Long?

Over the past few hours, the market has taken a positive turn, which allowed Bitcoin’s price to reclaim the important technical and psychological level of $30K.

At the time of this writing, the BTC price hovers above the mark, and the bulls are seemingly attempting to push the price forward.

This comes on the back of news that Tesla didn’t sell its BTC holdings for a fourth consecutive quarter. The positive report seems to have alleviated some of the strain on the market, which bounced upwards. Bitcoin dominance currently sits at around 46.6%.

Altcoins in the Green, Stellar (XLM) Leads With Gains :-

As you can clearly see in the following heatmap, the market is doing pretty well today. All of it is painted in green, which is never a bad sight to see.

Most notably, from the larger-cap cryptocurrencies, MATIC soared by some 6%, followed by 5.41% by Ripple’s XRP, 4.7% from SOL, and so forth.

The best performer for the past 24 hours, however, is Stellar’s XLM. It exploded by over 20% throughout the period and is leading the entire market.

On the other end of the spectrum, we have Rocket Pool’s XRP, which failed to capitalize on the upswing and is down 4% on the day. 1688280583486.png

#Post Your Views on popular coins#Post Real-time Crypto News to Share 1,000 USDT
2Share

All Comments0LatestHot

avatar
LatestHot